Utah HB0367 proposes optional time-of-use export pricing tariffs for solar power net metering customers.

Utah HB0367 amends the state's utility regulations to allow the Public Service Commission to establish optional time-of-use export pricing tariffs for customers participating in net metering programs. These tariffs offer differential pricing for excess electricity generated by customers, using either seasonal time-of-use or real-time pricing. The bill mandates a minimum floor for export credits, ensuring credits are not less than 60% of the applicable retail electricity rate or zero. Participation in these tariffs is voluntary, and customers can switch back to standard net metering tariffs.

Utah HB0367 proposes optional time-of-use export pricing tariffs for solar power net metering customers.

Utah HB0367 amends the state's utility regulations to allow the Public Service Commission to establish optional time-of-use export pricing tariffs for customers participating in net metering programs. These tariffs offer differential pricing for excess electricity generated by customers, using either seasonal time-of-use or real-time pricing. The bill mandates a minimum floor for export credits, ensuring credits are not less than 60% of the applicable retail electricity rate or zero. Participation in these tariffs is voluntary, and customers can switch back to standard net metering tariffs.